Listing ID: 28646

Business Overview

Eco-Friendly Semi-Absentee Car Wash is part of a 1.05 acre mixed-use commercial property which also contains a leased 1800 sq ft home and a leased commercial garage.

The car wash is an automatic in-bay, requires no employees (except to open/close the gate in the beginning/end of day), serves approximately 16,000 cars a year, has 100+ members in its recurring membership plan ($29-$49/m), and is environmentally focused.

There is a new Sobrite water reclaim system (10/21, $60k) which has reduced the water bill to $2000 annually, 32 solar panels on the roof which reduce the electric bill by 30+%.

The wash has a New Automatic In-bay Ryko Soft-gloss MAXX 5 (12/21, $200k) and a new Aero Dryer System (12/22, $37k).

The car-wash opened in 2004 and is a fixture in the community with its distinctive structure.

The commercial garage, rented at $2000/m, includes 3 auto lifts.

The single-family home is an 1800 sq ft cape style with 5 bedrooms and rents for $1300/m (market rent value $1800-$2000).

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at info@hedgestone.com. Our buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

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FOR INTERESTED PARTIES PLEASE CALL US AT (561) 593-3711

Financial

  • Asking Price: $1,500,000
  • Cash Flow: $174,000
  • Gross Revenue: $250,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:Yes
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Eco-Friendly Semi-Absentee Car Wash is part of a 1.05 acre mixed-use commercial property

Purpose For Selling:

Other business interests.

Competition:

The car-wash opened in 2004 and is a fixture in the community.

Opportunities and Growth:

There is a new Sobrite water reclaim system (10/21, $60k) which has reduced the water bill to $2000 annually, 32 solar panels on the roof which reduce the electric bill by 30+%. Including the Commercial Garage and Single Family home, the Net Income of the property is $174K (11.6x Cap).

Cooperating Broker of Record

Jason Green

SFR Realty, LLC

Massachusetts - 1000587-RE-RB